Arbusers

Hello new here, my local bookie offering me %30 cashback on losses.how can i use this advantage(not sure its a good advantage btw) on surebets?

I cant use any big bookmakers coz of where im living also exchanges..

I have some accounts on crypto bookies..so i was thinking to bet "low changes" on my local bookie and bet against on cryptobookies with up to %5 losses..

If i lost on my bookie and win on crypto bookie im getting %30 from my localbookie and losing %5 on crypto..

Do you think is this works?

In that equation, while you're trying to optimize these things according to your own criteria, you have to include at least the short-term exchange rate risk (fiat to crypto), and the crypto agency reliability as well.

So how to choose bets?

How many bets / amount of money is the 30% good for?

Its about the deposits,if im minus they giveback %30 of the deposit

If so, and it’s by amount, not first bet, etc, then the question is whether you’ll be able to withdraw from the other bookee successfully.

If you are sure that you can, then it really is free money.
Bet on something with as small a spread as possible (1/p1 + 1/p2 as close to 1 as possible), and always bet your full amount.

At some point you’ll get your local account to 0, and your alt account to approximately plus x, and end up with 1.3x.

ex-hft wrote: ↑

Thu Jul 14, 2022 6:01 am

If so, and it’s by amount, not first bet, etc, then the question is whether you’ll be able to withdraw from the other bookee successfully.

If you are sure that you can, then it really is free money.
Bet on something with as small a spread as possible (1/p1 + 1/p2 as close to 1 as possible), and always bet your full amount.

At some point you’ll get your local account to 0, and your alt account to approximately plus x, and end up with 1.3x.

Agree.
Non-quantitative items are most important here. The author hints that the jurisdiction where she/he resides doesn't allow big bookies and exchanges. If so, the player's own money accessibility is leading here, the profit technique is less important. It's very probable in that kind of a gray area, the existence of monopolist bookies, offering laughable odds and "friendly" behavior in terms of payout to the winners, and a "warm" welcome to the sharp players. If so, the cashback offer is a temporary one, and a fast limit or an "investigation" is behind the corner. On the other hand, there is a possibility that some shady crypto agencies lure players from that jurisdiction... Or if they're reliable, the exchange rate volatility risk should be considered.
Better read in some threads here about reliable brokerage firms, some of them are supported by the forum if register via arbusers. Other solutions are possible around the world as well.